Funding arb · Price arb /

CRWD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Bitget+0.002%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRWDUSDT	249.12	0	get 0.0000% / 8h	7h 10m	$292K	$416K	20x
Short	Variational Omni CRWD	249.12	0	get 0.0000% / 8h	7h 10m	$67K	$60K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Variational OmnibpOrdersPrice spread, now +0.002%Rate

Funding earned: $0
Price spread: +0.002% → 0.000%: $0.16
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$11.84
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 59 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 59 min ago	10.85 bp	19.8 bp −$20	30.4 bp −$304	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CRWD on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CRWD-USDT	−0.0005%	8h	249.13	+0.004%	$72K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.19	+0.027%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.13	+0.005%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	249.00	−0.048%	$1.2M	$647K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.35	+0.092%	$616K	$626K	25x	as long as short
Bitget CRWDUSDTlong	0.0000%	8h	249.12	long leg	$292K	$416K	20x
Variational Omni CRWDshort	0.0000%	8h	249.12	+0.002%	$67K	$60K	—
GRVT CRWD_USDT_Perp	0.0000%	8h	249.19	+0.030%	$1K	$109K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.21	+0.036%	$2K	$1.2M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	249.37	+0.100%	$6K	$7K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	249.20	+0.032%	$1.5M	$191K	10x	as long as short
QFEX CRWD-USD	+0.0030%	1h	249.07	−0.020%	$1.2M	$2.9M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.97	−0.062%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	249.01	−0.044%	$867K	$633K	10x	as long as short
Paragon para:CRWD	+0.0060%	1h	249.21	+0.035%	$84K	$108K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	249.15	+0.012%	$34K	$470K	20x	as long as short
Injective CRWD/USDC PERP	+0.0220%	1h	238.48	−4.271%	$21K	$19K	12x	as long as short
Phoenix CRWD	+0.0321%	1h	249.23	+0.044%	$2	$140K	10x	as long as short